U.S. Morning Call: "Phablets" to shine at 2013 CES

Jan 7 - The 2013 Consumer Electronics Show will be the launching pad for new gadgets, including newer versions of what are known as ''phablets''

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-- -- morning -- Monday if you're a fast living it even faster operating systems you'll want to head to the Consumer Electronics Show in Las Vegas starting this week. Attendees will get to feast their eyes on the hottest new gadgets to hit the market. Expect to see -- of tablets to -- phones last tablets that have likely occur in the world leader in mobile's. Samsung over eight billion dollars in quarterly profit. That accounts for close to 500 handset sold every minute. Strategy analytics executive director says expect 2013 to meeting neither of the tablet. Chinese Telecom giants is ETE and -- way it will unveil their own -- let's at this -- -- yes. Also Sony will it challenge apple with its new Xperia phone. Apple also facing challenges from analysts this morning Barkley is cut its price target to 740 dollars from 800 bucks. Taking a look at US stock futures this morning their signaling a lower start after the S&P ended at a five year high on Friday boosted by the -- report. Across the Atlantic European banks leading the rally after regulators relax capital rules. The best committee which required banks to boost their cash buffers by 2015. Is now giving firms form for years to meet targets. The banks still need to show trillions of dollars of liquidity which they say hurt their ability to lend. Here in the US Citigroup's Michael -- of that meeting with bank regulators in his first months as CEO. City seeking approval from the bed to buy back shares. It did submit its plan today analysts expect her back to play it safe as his predecessor Vikram Pandit lost his job October. Actually due to the bank's request for returning capital to shareholders in March was denied. A source tells Reuters are -- also expects to name his team of top managers within the week. Why from Wall Street to Hollywood where they players exclusive. Sources say Walt Disney is planning to planning lay offs as studio and other units as part of an internal cost cutting review that began a few weeks ago. It's also looking at redundant operations. That could be eliminated after its recent string of major acquisitions. In terms of profit margin Disney's studio is at least profitable. It's interactive unit that creates online games also lost 758. Million bucks over the last three years. From Disney to universal and deal with HBO for rights to its movies extended through 20/20 two. This allows HBO to keep universal's content away from video streaming rival Netflix. Netflix now looking at other avenues the company announced today it will carry previous seasons of some popular shows from Warner Bros. Shares of Netflix closed 95 bucks on Friday. And ending on a high note the US topping a list of places where global commercial real estate investors would prefer put their money this year. That's according to a survey of the association of foreign investors in real estate. Turkey moved into the top five for price appreciation. While China fell off the list this year. In the ranking of global cities in which to -- new York and London came in first and second respectively. As they did last year but severed Cisco rose to thinner and Houston on ranked at 2012. Climb to number five. The survey reflects a sharply more optimistic view of the US economy and property market where this year. That's it for your Monday morning pop follow us on Twitter at Reuters Insider and check out what -- YouTube channel at Reuters dot com slash like TP. I'm Lisa Bernhard this is it's.

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